The pair Tron/Tether (TRX/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.3362 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.341700000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Besides a ‘StochOSC Bearish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Bearish Divergence’. which could be a negative signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Besides a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.3438 |
| Next High | 0.341700000 |
| Current Price | 0.340200000 |
| Next Low | 0.3362 |
| 2nd Low | 0.3356 |
| 3rd Low | 0.3293 |
0.341700000 – 0.3409 – 0.3399 – 0.3362 – 0.3375 – 0.3356 —
0.341700000 – 0.341500000 —
63.996861258389 – 62.89047598612 —
0.341700000 – 1777915800 —
– 1777915800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – – –